I'm now all in BTC. All eggs in one basket!

[blackened515]

Holding your Bitcoin for a long time is not a bad idea. Bitcoin price have been dropping for some time now, and your plan to hold it until the price rises is a great idea. But I don't think putting all your money on Bitcoin only is a good  thing to do. It will be nice, investing in other coins also. Although, I understand that Bitcoin is the king of Cryptocurrencies, and those investing in it now will definitely make a good profit from their investment in the nearest future.

[Golftech]

Was inspired with you and I did it too, sold some of my investments early to have funds to go all in with bitcoin although the prices are favorable with me as I have bought below 30k so I don't think that I would feel some losses for now but no matter, I am still on the long-term so I will probably get a big profit.

if the directions continue to favor your side, and there's no more declined that take place. We don't know what

future will bring, but as long as you are speaking about long-term the chance is very high to maximize your

compensations. Choosing long and entrusting everything with Bitcoin is not a bad idea, let it roll and enjoy your ride.

[freedomgo]

Was inspired with you and I did it too, sold some of my investments early to have funds to go all in with bitcoin although the prices are favorable with me as I have bought below 30k so I don't think that I would feel some losses for now but no matter, I am still on the long-term so I will probably get a big profit.

Just trust bitcoin, you don't know what would happen in the future, investing in bitcoin doesn't guarantee a profit in the long run, and in a short period of time, we might see the worst price that would result in panic selling. I hope you are still confident to hold even if bitcoin will drop below $10k this year, it's a test for every holder and if you still hold, then you will enjoy that victory in the end.

[kakonlin]

Putting eggs in one basket is actually not wise.  There are so many coins that exist until now.  So many best coins like eth, bnb, dot, vet, uni etc.  I prefer to buy some coins which I think are best to reduce my risk.

[Obito]

Putting eggs in one basket is actually not wise.  There are so many coins that exist until now.  So many best coins like eth, bnb, dot, vet, uni etc.  I prefer to buy some coins which I think are best to reduce my risk.

That's on you, I mean if you are trying to split the risk then probably it's not for you but if you believe that the coin you are going all in has a potential then you will do it, I mean what could go wrong now because bitcoin is here to stay and it's not like it's going to go down or collapse anytime soon so I think it's alright if someone puts all the investment in one basket.

[Renampun]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

I never planned to keep all my assets in BTC...

65% of the coins I hold are BTC and the rest are BNB, polygons and some more. I'm sure when BTC is bullish again, the price of the altcoins I hold will go up too.

[XavierLaurent]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

[Dread Pirate Roberts]

If in the stock market, maybe putting all asset in one investment is a bad thing because the investment support point is only from one choice. but for the crypto market it seems that just choosing bitcoin is actually enough. because other coins also depend on bitcoin so just choosing bitcoin option personally i think its still oke . this only oke with bitcoin not other coin.

[freedomgo]

If in the stock market, maybe putting all asset in one investment is a bad thing because the investment support point is only from one choice. but for the crypto market it seems that just choosing bitcoin is actually enough. because other coins also depend on bitcoin so just choosing bitcoin option personally i think its still oke . this only oke with bitcoin not other coin.

We make our own choices, and your justification maybe true as we never see bitcoin lose its spot, it still holds the number spot and has the biggest market dominance. Investing in bitcoin is less risky compared to altcoins, so it's alright to put all your basket into bitcoin, but it's also not bad to diversify into altcoins, it only depends on how an investor will manage his fund.

[Hasan986]

The best option now is BTC. BTC is going down as much. Big whales are buying so much. yesterday, liquidity of a very large amount of short became 5-10 minutes. Hopefully BTC is expected to reach 2 lac$ by 2022 mid.

[The Sceptical Chymist]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

[virtualdn]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

[tiCeR]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

[TimeTeller]

I'm curious, how it's been working out for you, OP? I'm thinking about selling all my remaining coins and turn them into BTC.

I just stumbled across this thread after un-ignoring Bitcoin Discussion, and I'm curious as well--though if what OP said is true, he's been accumulating bitcoin since 2013 and probably hasn't sold any of his stash.  Presumably with the price increase we've seen in the past day or two, he's still doing just fine.

I don't know about keeping all of your investment money in bitcoin for the long term, however.  OP will likely still be in the black even if bitcoin were to lose half its value (if he's holding onto 2013 coins), but if I were him I'd probably diversify just a little.  Normally I'd suggest the stock market, but after well over a decade of bull market craziness I'm not sure now is the best time to buy stocks.

OP, you still around?  Maybe you can chime in and give us an update on any changes to your portfolio, etc.

Still all in BTC, doing fine, no headaches watching the shitty coins. Not planning to sell even if BTC price is going up right now. Might sell a small amount once in the xxx,xxx range and then hopefully will buy it back, I'm sure we will see a new ATH this year.

All in in Bitcoin is at least a strategy that still makes some sense. When I read that people go all in on some alt coin (other than Ethereum), I really get a headache. It still depends, there is a difference if you go all in on an unknown token from an ICO or Monero, but as long as you really go all in, I'd be shocked if it is not a larger well established crypto with a successful history.

It makes sense because bitcoin itself is at the top and can survive even during bear season.
Not many alts can survive when the market crashes. Only those solid ones like ETH and if I may add BNB.
But let us say, if you go all in one token, like for example SHIB - as this is the current hype.
I don't think you can sleep at night soundly because anytime this kind of meme token, can easily go down the drain without a warning.
So what it demonstrates is that, in this market, maybe putting all your eggs in one basket - in btc specifically, can still give you peace of mind.

[Naficopa]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

Let us not fall into extremes! I like to put large amounts of money into niche projects, but this project has to represent something. Unfortunately, if the situation fails, you have to take into account the consequences

[Iceblast]

it seems you have the principle to have more profit in one basket like that right?
but my advice is not to be too fanatical to hold, when there is profit you can immediately sell a little to get a profit, because it is too risky if you hold it for too long

[19Nov16]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

What's your plan?

If you buy from 2013 of course now get a huge profit I still remember the price at that time was still under $150 (if you bought late 2013 around $1100), I suggest to enjoy your patience, sell 30% and focus again on hold and I think put in one place is sometimes a good thing.

[Connor Britton]

This is a bold approach, and Bitcoin is relatively stable compared to others. Most of me are in Bitcoin, and a small part of it is in altcoins. Because I do transactions more frequently, I will not open the software in Bitcoin all the time. Maybe the next time I open it is a few years later, I pay too much attention to the trend. It’s easy to make some incorrect decisions,

[Chato1977]

There are few people that i respect in this forum and Some of them are people like you OP in which willing to prove that Bitcoin is still wprth trusting with alll our funds.
though there are haters of what wecalled "ALL IN" yet this is still the most effective for long term Holders.

This is a bold approach, and Bitcoin is relatively stable compared to others. Most of me are in Bitcoin, and a small part of it is in altcoins. Because I do transactions more frequently, I will not open the software in Bitcoin all the time. Maybe the next time I open it is a few years later, I pay too much attention to the trend. It’s easy to make some incorrect decisions,

Stable and safe, Bitcoin has always been the first currency to Pump high .

[lixer]

I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.

It’s not really bad, I have also been doing it for sometime, though it is not something I do all the time. Sometimes I might decide to buy other coins like Ethereum and any other good altcoins I may find. But, majority of my investment would usually go into Bitcoin before going into any other altcoins in the market.

So, it is up to you to decide that for yourself. Investing in lots of different cryptocurrencies might be good since it’s good to diversify your asset, even at that you still have to know that bitcoin is at the top and most of the time it’s always going to top many other cryptocurrencies you will find in the market.